What is OIC

Who is OIC? what are their responsibilities and why you should be familiar with them.

OIC or Office of Insurance Commission is the government organization that work as a private juristic person, and have the authority to work alone according to OIC policy.

Its main goal is to educate Thai population about insurance policy, empowering the insurance business market to helps everyone build a safety net in their life.

OIC goals and duties:

  • Direct and developing insurance business in Thailand
  • Support and push insurance business to a stronger position, create its value for the economy, society and living standard of Thailand population.
  • Protect and serve civilian rights about insurance.